Field of Biodiveresity
Hana Financial Group announced at the United Nations Environmental Programme Finance Initiative (UNEP FI) Asia-Pacific Roundtable held in Korea that it will take the lead in "expanding investments in the field of biodiversity" for sustainable finance in the Asia-Pacific region. The UNEP FI is an international initiative that includes more than 450 financial companies worldwide with the aim of conducting business activities based on sustainability. The roundtable, held at Conrad Hotel in Seoul on the morning of May 24, was organized to facilitate in-depth discussions on sustainable finance in the Asia-Pacific region.
Chairman Ham Young-joo, who served as a keynote speaker at the event, declared, "In the current situation where the importance of the 'biodiversity' sector is growing due to issues such as the pandemic and resource depletion, we plan to actively participate in the Task Force on Nature-related Financial Disclosures (TNFD) and the Partnership for Biodiversity Accounting Financials (PBAF) this year. We will fulfill the role of finance for environmental and social responsibility through policy establishment and investment expansion in the 'biodiversity conservation sector', which has tremendous potential."
He further emphasized, "As digital transformation progresses rapidly, regional and national boundaries are becoming blurred, and the scope of stakeholders related to financial institutions is expanding. Hana Financial Group will continue to take responsibility for environmental and social issues as the social impact of finance expands and strive for sustainable investment and joint value creation."
Hana Financial Group, the sponsor of this event, joined UNEP FI in 2007 and was selected as one of the 30 global financial companies of UNEP FI in 2018. It has been actively participating in the activities of UNEP FI for sustainable finance, including as a founding bank that determined the role and responsibility of banks for the implementation of the Paris Agreement on Climate Change and the UN's Sustainable Development Goals.